JYVÄSKYLÄ – Recycling tech business Spinnova has reported a sharply weaker 2025, with widening losses and plunging net sales. This follows the breakdown of its flagship collaboration with Suzano which forced a strategic reset and the suspension of demo-scale fibre production.
Net sales fell to €344,000 in 2025 from €762,000 a year earlier. The company said most revenue came from technology services provided to its remaining joint venture, Respin.
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